Your savings, believe it or not, affect the way
you stand, the way you walk, the tone of your voice. In short, your physical well-being
and self-confidence. A man without savings is always running. He must. He must take the
first job offered, or nearly so. He sits nervously on lifes chairs because any small
emergency throws him into the hands of others.

Without savings, a man must be too grateful. Gratitude is a fine thing in its place.
But a constant state of gratitude is a horrible place in which to live. A man with savings
can walk tall. He may appraise opportunities in a relaxed way, have time for judicious
estimates and not be rushed by economic necessity.

A man with savings can afford to resign from his job if his principles so dictate. And
for this reason hell never need to do so. A man who can afford to quit is much more
useful to his company, and therefore more readily promoted. He can afford to give his company
the benefit of his most candid judgments.

A man with savings can afford the wonderful privilege of being generous in family or
neighborhood emergencies. He can take the level stare of any man ... friend, stranger or
enemy. That ability shapes his personality and character.

The ability to save has nothing to do with the size of income. Many high-income people
spend it all. They are on a treadmill, darting through life like minnows.

The dean of American bankers, J.P. Morgan, once advised a young broker: "Take
waste out of your spending; youll drive the haste out of your life."

If you dont need money for college, a home or retirement, then save for
self-confidence. The state of your savings does have a lot to do with how tall you
walk.